Week 13 - Reading Study Guide

Week 13 - Reading Study Guide - Week 13 - Reading Study...

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Week 13 - Reading Study Guide Readings: HBS Case, “Inequality and Globalization” 1. What are the difficulties in estimating income inequality at the global level? It’s hard to estimate income inequality at the global level because of the inconsistencies of how we measure economic growth. The Tools we use to measure inequality will lead us yield different conclusions sometimes. For example, China and India has experience a moment when their GDP is rising along with their level of inequality. What are the different ways of measuring global inequality? (pp. 4-5) GDP and GDP per capita in both market exchange rates and U.S currency, PPP(Purchasing Power Parity), Weigh countries by population, Gini Co-efficient. 2. What are the arguments attributing the cause of rising global inequality to “globalization”? (pp. 6-8) Developed Countries It forces lowed-skilled workers in developed world to compete against an immense pool of cheap, unskilled labor in the developing world. Trade liberalization increased the demand for skill workers in the developed
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This note was uploaded on 08/10/2010 for the course INTB 3351 taught by Professor Priest during the Spring '08 term at University of Houston.

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Week 13 - Reading Study Guide - Week 13 - Reading Study...

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